Tim M. Wan - 22 Nov 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
22 Nov 2021
Net transactions value
-$2,546,881
Form type
4
Filing time
23 Nov 2021, 16:20:07 UTC
Previous filing
25 Oct 2021
Next filing
06 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $32,000 +20,000 +4.2% $1.60* 498,103 22 Nov 2021 Direct
transaction ASAN Class A Common Stock Sale $116,594 -946 -0.19% $123.25* 497,157 22 Nov 2021 Direct F1, F2
transaction ASAN Class A Common Stock Sale $121,540 -980 -0.2% $124.02* 496,177 22 Nov 2021 Direct F1, F3
transaction ASAN Class A Common Stock Sale $167,527 -1,340 -0.27% $125.02* 494,837 22 Nov 2021 Direct F1, F4
transaction ASAN Class A Common Stock Sale $132,889 -1,052 -0.21% $126.32* 493,785 22 Nov 2021 Direct F1, F5
transaction ASAN Class A Common Stock Sale $172,788 -1,360 -0.28% $127.05* 492,425 22 Nov 2021 Direct F1, F6
transaction ASAN Class A Common Stock Sale $733,819 -5,720 -1.2% $128.29* 486,705 22 Nov 2021 Direct F1, F7
transaction ASAN Class A Common Stock Sale $448,543 -3,476 -0.71% $129.04* 483,229 22 Nov 2021 Direct F1, F8
transaction ASAN Class A Common Stock Sale $12,993 -100 -0.02% $129.93* 483,129 22 Nov 2021 Direct F1, F9
transaction ASAN Class A Common Stock Sale $326,438 -2,450 -0.51% $133.24* 480,679 22 Nov 2021 Direct F1, F10
transaction ASAN Class A Common Stock Sale $345,751 -2,576 -0.54% $134.22* 478,103 22 Nov 2021 Direct F1, F11
holding ASAN Class A Common Stock 153,428 22 Nov 2021 See footnote F12
holding ASAN Class A Common Stock 50,000 22 Nov 2021 See footnote F13

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASAN Stock Option (right to buy) Options Exercise $0 -20,000 -2.2% $0.000000 905,899 22 Nov 2021 Class A Common Stock 20,000 $1.60 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $122.62 to $123.585 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $123.64 to $124.58 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $124.66 to $125.56 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $125.74 to $126.73 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $126.74 to $127.72 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $127.75 to $128.74 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $128.75 to $129.65 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $129.93 to $129.97 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $133.00 to $133.92 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $134.00 to $134.33 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
F13 The shares are held of record by the Reporting Person's spouse.
F14 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.